Abstract

In this study we aim to determine the impact of investor behavior on investment funds strategies. Initially, we define the ideal profile of a potential investor in funds by highlighting risk aversion. We present a usual successive generation model in an open economy to characterize asset allocation. This approach will enable us to understand the distribution strategies.
In the second time, differentiation strategies analysis will help us to understand the level of competition between firms on a given place. The results allow us to define the determinants that help a firm to choose between total differentiation and imitation.